Nine 7GT3's for sale on PH under £60K...
Nine 7GT3's for sale on PH under £60K...
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Diesel130

Original Poster:

1,549 posts

243 months

Friday 23rd September 2011
quotequote all
.. maybe this current financial climate isn't such a bad thing - keep them coming down please...

even the ex-Chris Harris/evo one has just dropped £2K and that's with 2 year OPC warranty wink
http://www.pistonheads.com/sales/3089243.htm

.. interesting to note that the pics are from when they sold it this time last year, so they are of a 1 year, 5,000 mile younger car than the one they are selling. Tut tut.





Edited by Diesel130 on Friday 23 September 09:15

nutcase

1,145 posts

283 months

Friday 23rd September 2011
quotequote all
Yeah, I know what you mean.

I did ok with my 997 GT3 recently sold, so now looking at 997 Turbo S' and hoping they'll be down to reasonable (read: sub 80) in the next year or so!


DavidAL

53 posts

195 months

Friday 23rd September 2011
quotequote all
Still not bad though, is it..? Any 4 or 5 year old car that is still worth 70% to 75% of its new cost (if not more) has got to be good…

6C4GTS

5,186 posts

209 months

Friday 23rd September 2011
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6 Ferrari F430 under 70K - good time to have some spare cash!

agtlaw

7,431 posts

237 months

Friday 23rd September 2011
quotequote all
5x 996 GT3 RS under £70k and the Sean Lockyear RS looks like particularly good value at 57.

mollytherocker

14,472 posts

240 months

Friday 23rd September 2011
quotequote all
DavidAL said:
Still not bad though, is it..? Any 4 or 5 year old car that is still worth 70% to 75% of its new cost (if not more) has got to be good…
My 4 year old Laguna is worth circa 30% and I guess a Carrera would be about 50%?

So comparitively, 70% must be class leading! Like most though, I expected them to hold even better.

The 997GT3 is pretty much my 'attainable' dream car and they cant come down fast enough!!!!

MTR

Nano2nd

3,426 posts

287 months

Friday 23rd September 2011
quotequote all
DavidAL said:
Still not bad though, is it..? Any 4 or 5 year old car that is still worth 70% to 75% of its new cost (if not more) has got to be good…
technically its not "worth" that either as as soon has you've bought it you've lost a chunk in OPC premium! though i agree with you its pretty decent, though i want them to contine to fall so i can afford one wink

nsm3

2,831 posts

227 months

Friday 23rd September 2011
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True - I paid about 75% of the original invoice value for mine (@3 years old) just under a year ago, but doubt I would see more than 60% if I were to trade-in/sell?

DavidAL

53 posts

195 months

Friday 23rd September 2011
quotequote all
That's the point, isn't it.. Just about all cars depreciate in value.. and these times are having an impact... Times are tough out there.. The markets dumped again this week.. The £ is struggling.. Insurance costs are up.. fuel costs are up.. service costs are up..

But...

Yes, whilst GT3's ain;t doing quite as well as they used to, I bet compared to others they are still holding their position..

That car (the one in the link in the opening post on the thread) would have been, what, £85/87k on delivery.. So, even if you assumed it was now "worth" £52k in a private sale, that's still over 60% for something 4 and a quarter years old.. and I'd hazard a guess that you'd still get something like that in 6 months time, as the weather starts getting better and the GT3 "buyers" migrate in from wherever they fly off to in winter.. and the car is closer to 5 years old.. smile

You know, when you think about that, they are still doing remarkably well, considering... and those folks who own the cars who are worried out £££.. well, if they all decided to hold on to them.. prices would rise....!!

I sold on my Cayman S the other year for 43% of its new price (all in).. It was 4 and a half years old.. 50K miles (Bit high).. Nice spec (IMHO, of course).. I didn't think I'd done especially well.. probably a fair price to both parties, though.. But I bet I couldn't do that sort of deal on that car now..???

A 4.5 year old GT3 at 60%, even now, is pretty darn good...

Koing

442 posts

204 months

Friday 23rd September 2011
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Another issue is that these have not sold yet...

But to be fair the prices are pretty good for a 4.5yr old car.

Koing

mike58

154 posts

284 months

Sunday 30th October 2011
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May be a few more bargains on the market as a someone mentioned in this thread has some tricky questions coming to him from Skipton Magistrates Court on 9th Dec

RatBoy M3CSL

1,490 posts

227 months

Sunday 30th October 2011
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7GT3 residuals are class leading.., I owned mine for 18 months, and sold it for £2500 more than I paid for it.. wink